We urge the government to reduce GST on EV purchases and rentals from 5% to 2%, Akash Gupta, Co-founder and CEO, Zypp Electric says.
Banking stocks were trading with gains, with the S&P BSE BANKEX index increasing 52.35 points or 0.12% at 42992.65 at 09:51 IST.
Oil and Gas stocks were trading in green, with the S&P BSE Oil&Gas index increasing 3.3 points or 0.02% at 18580.89 at 09:51 IST.
Currently, customs duty on imported goods are still outside the purview of GST and that is charged separately.
Banking and financial stocks will be in focus ahead of Axis Bank and HDFC AMC results today.
Investors await major corporate earnings after Reliance Industries and ICICI Bank announced their Q3 financial performance.
The former Chief Economic Advisor shared his insights at the webinar on the expectations from the upcoming Union Budget 2022.
The Company had taken approval from shareholders at Annual General Meeting dated December 24, 2020 for disposal of substantial undertaking of the Company.
APL Apollo Tubes Ltd has lost 10.39% over last one month compared to 1.03% gain in S&P BSE Metal index and 2.32% rise in the SENSEX
In Q3FY22, the NII stood at Rs303.34cr, up by 21% yoy and 9% yoy respectively.

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